Coingate allows an option to buy, sell and accept cryptocurrencies, has probably helped more than 80,000 merchants with payment processing, comprise a point of scale, via their website. Presently, the company has made simpler for merchants to accept Bitcoin Cash BCH for payout in euros and dollars.

Coingate now possess built-in integrations for e-commerce applications. Hence, traders can instantly connect with the CoinGate payment gateway, with payment buttons and a separate developer API to offer a better adaptive solution.

Traders can get payments in cryptocurrency without any requirement of verification. Apart from this, business and personal verification is essential for merchants directly converting funds to the dollar or euro amounts.

The company states that “CoinGate makes it easy to receive customer payments in most popular cryptocurrencies, including Bitcoin Cash.” Further, it added, “To make it simple for merchants, all received payments are automatically settled to EUR/USD or to BTC, depending on your preference.”

CoinGate only charges 1% of the processing fee which is absolutely low as compared to fiat currency. By accepting Bitcoin Cash, it is expected that CoinGate will be a preferred choice by crypto-first merchants and startups thinking to take payments in bitcoin.

This new initiative will have a great impact on the Bitcoin BCH Ecosystem. After this move, various other payment gateways will also accept Bitcoin Cash in the near future.

If you are really concerned about the growth of trader adoption of Bitcoin BCH, join the bComm Association, an industry group which aims to be the center point for miners, merchants, exchanges, developers, and members of the BCH Community.

Security Token Offering (STO) is the new trendsetter for most of the cryptocurrency market. Going by the statistics, STO has managed itself to be...

GainBitcoin is an independent news portal that delivers well researched and quality news and articles. We publish news from Crypto Currency, Blockchain, Bitcoin, Altcoin & Overall Digital Currency world. Our news reporters are most Experienced and Expert Members in the field of cryptocurrency on the Internet. Our news portal is purely dedicated to those who are searching for Bitcoin News, altcoin happenings and all kinds of digital currency news which is happening around the globe.